Written answers
Tuesday, 13 December 2005
Department of Finance
State Property
11:00 pm
Willie Penrose (Westmeath, Labour)
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Question 99: To ask the Minister for Finance the position regarding the planned sale of State property announced by his Minister of State; the property sold to date in 2005 and the amount raised; the way in which the money raised has been used; the properties it is planned to sell during 2005; and if he will make a statement on the matter. [39014/05]
Tom Parlon (Laois-Offaly, Progressive Democrats)
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As part of the transforming of State assets programme, the following properties have been disposed of.
| Disposed of in 2004. | ||
| Building | Method of Sale | Price |
| â'¬ | ||
| 2 Church St., Dungarvan, County Waterford | Public auction | 337,000.00 |
| Lad Lane, Dublin 2 | Public tender | 22,500,000.00 |
| Blacklion customs frontier post site, Cavan | Private treaty to Cavan County Council | 21,586.23 |
| 72-76 St. Stephen's Green, Dublin 2 | Public tender | 52,300,000.00 |
| Kilmacthomas G.S., County Waterford | Private treaty to Waterford County Council | 100,000.00 |
| 14/16 Lord Edward Street, Dublin 8 | Public tender | 8,780,140.48 |
| Thomastown GS, County Kilkenny | Public auction | 450,000.00 |
| Total | 84,488,726.71 |
| Disposed of in 2005. | ||
| Building | Method of Sale | Price |
| â'¬ | ||
| Dungloe former SWO, County Donegal | Private treaty | 300,000.00 |
| Leighlinbridge GS, County Carlow — disposal of part of site | Public auction | 165,000.00 |
| Ashbourne GS — disposal of part of site | Public action | 2,125,000.00 |
| St. John's Road site, Westgate | Public tender | 44,916,551.79 |
| Ballinskelligs old Garda station, County Kerry | Public auction | 409,693.03 |
| Kilronan CGS, Galway. Sale of site to Údarás | Private treaty | 1,416.53 |
| Galway — 16 Eyre Square | Private treaty | 9,920.59 |
| The former Veterinary College, Shelbourne Road, Dublin 4 | Public tender | 171,500,000.00 |
| 26-27 Eden Quay, Dublin 1 | Public tender | 4,205,000.00 |
| Chantilly site, Rathmichael, County Dublin | CPO compensation | 5,100,000.00 |
| Lynch's Lodge Hotel, Macroom, County Cork | Public tender | 2,300,010.00 |
| Total 2005 | 231,032,591.94 |
The proceeds of these sales are forwarded to the Department of Finance as extra Exchequer receipts to be offset against funding for decentralisation.
| Properties identified for disposal in 2006 are as in the table. | ||
| Property for Sale | Method of Sale | Guide Price / Sale Price |
| â'¬ | ||
| Muff Garda Station, County Donegal | Public auction | 195,000 |
| Bridgend former customs and excise post, County Donegal | Public auction | 350,000 |
| Knocknagoshel Garda station house, County Kerry | Public auction | 75,000 |
| Gardiner St. former SWO, Dublin 1. | Private treaty | Property swap plus €2.5 million |
| CPO Ballyshannon SWO, County Donegal | CPO compensation | 2,500 |
Identification of properties surplus to requirements is continuously evolving.
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